IMR 2027 – Fidelity and Crime

Rate predictions: Fidelity and Crime
Coverage	Trend	Range
Commercial (private and public)		Flat
Financial institutions		Flat

Key takeaways

Market conditions remain favorable, even as underwriters navigate an increasingly complex and evolving threat landscape. While competitive pricing is available, insureds often balance price gains with broader coverage, quality claims-handling and consistent pricing and service.

The growing use of AI is elevating fraud risks by enabling more sophisticated attacks and expanding the scale of potential targets.
Interest in digital asset coverage continues to grow as traditional financial institutions are increasingly engaging with digital assets.
Longterm agreements and/or guaranteed renewal provisions are being used on occasion to lock in stable pricing and relationships.
Integrated solutions (e.g., cyber, E&O and crime) are emerging to provide clear, consistent coverage across interconnected risks.

As technology continues to advance at an unprecedented rate, businesses are increasingly leveraging innovations such as AI and blockchain to drive efficiency and strengthen their competitive edge. While digital asset exclusions have become increasingly common, requiring specific negotiation when exposure exists, the approach to AI has been different. To date, U.S. insurers have not imposed any AI exclusions and have maintained that coverage will continue to respond, regardless of whether AI played a role in the underlying event. As FBI cyber official Jose Perez noted, “it has never been more important to be diligent with your cybersecurity, social media footprint, and electronic interactions.”

Disclaimer

WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).